Paul B. Farrell

Paul Farrell writes the column on behavioral economics. He's the author of nine books on personal finance, economics and psychology, including "The Millionaire Code," "The Winning Portfolio," "The Lazy Person's Guide to Investing." Farrell was an investment banker with Morgan Stanley; executive vice president of the Financial News Network; executive vice president of Mercury Entertainment Corp; and associate editor of the Los Angeles Herald Examiner.

Silicon Valley can’t save the world — and it’s not even trying Despite its megalomania, tech sector is not attacking Big Problems Silicon Valley has a bad case of megalomania, a neurological combo of arrogance, overconfidence, aggressiveness, self-importance and narcissism.

New ‘Liar’s Poker’: Is Wall Street lying, manipulating or just too greedy? Yes, you are playing liar’s poker at the Wall Street casino. So how do know Wall Street’s lying? You need this foolproof test.

Inhofe’s snowball fight with NASA, U.S. Navy, CEOs and the pope The fact is Sen. James Inhofe really does raise a fundamental philosophical and spiritual as well as political question about the future of human life on the planet. Maybe too many of the seven billion humans today really are too arrogant, “think they are so powerful, they can change climate.”

DOA: Wall St. will crush Obama’s plan to protect 401(k) savers Obama wants safeguards for retirement savers, but his plan is likely DOA Even if Obama’s new fiduciary rule is DOA, you can beat Wall Street as a do-it-yourself investor managing your portfolio without paying any of Wall Street’s excessive advisory fees. So here are the 10 secrets of successful investing, 10 simple investment tips on how easy do-it-yourself investing really is:.

Stock-market crash of 2016: The countdown begins Dow will drop 50% as market replays 2008, 2000 and 1929 It’s time to start the countdown to the crash of 2016. No, this is not a prediction of a minor correction. Plan on a 50% crash.

Time to invest in Big Oil? Not now, maybe never Can you cash in if gas goes to $5? Not likely, for these 8 reasons Here are eight reasons not to risk your retirement portfolio speculating that the price of crude oil will rebound this year.

You can put the next stock-market crash on your 2016 calendar now You’ll hear the crash warnings, but your brain won’t believe your ears Paul B. Farrell argues that the ingredients are in place for a market crash that takes the Dow industrials as low as 10,000 around the time of the next presidential election.

12 stormy-market survival tips investors can glean from Noah’s Ark Warning signs abound so start planning for the next Great Flood Noah’s spirit surrounds us every day, reminds of how to navigate successfully through good times and bad, always true to yourself. If you need to know how to survive the storm, Noah’s got the answer.

Pope Francis’s ‘holy war’ on capitalism and toxic inequality It’s been 1 year since pope took on the failings of our economic systems One year after laying down his anticapitalist manifesto, Pope Francis is in an ideological war with U.S. Senate Majority boss Mitch McConnell’s Big Oil backed GOP as well as conservative ideologues. At war in America’s unstable, endlessly fickle, myopic, rigged political arena.

1,000 years of Dust Bowls now inevitable Betting on capitalism to reverse global warming puts billions at risk What if global warming really is irreversible? What if the gamble that capitalism will save us doesn’t pay off? Too bad. Too late. Capitalism has no Plan B. So billions of humans just won’t survive the 1,000-year Dust Bowl that’s ahead if Plan A fails.

‘Star Trek’ time capsule 2047 launches as Earth burns Leave a message on climate change for future civilizations One very special “Star Trek: The Next Generation” episode haunts me. “The Inner Light” gives us a brief glance at the star-crossed future of two civilizations. One boldly exploring new worlds. The other leaving behind a brief snapshot of its mysterious death. A bold metaphor for our own planet, in the near future, perhaps 2047?

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